Hong Kong dollar interest rates have generally fallen. The interbank rate has fallen for 8 consecutive days in the past month to 2.52%.
On February 3rd, the Hong Kong dollar interbank interest rates generally fell, with the one-month interbank offered rate associated with mortgages falling for the 8th consecutive day to 2.51994%, a decrease of 1.369 basis points.
On February 3rd, the Hong Kong dollar interbank lending rates generally fell, with the overnight rate at 1.79429%, a decrease of 0.214 basis points. The one-week rate dropped by 4.429 basis points to 1.98964%, while the two-week rate increased by 3.559 basis points to 2.38821%. The one-month rate related to property loans fell for eight consecutive days to 2.51994%, a decrease of 1.369 basis points.
The three-month interbank lending rate, which reflects bank funding costs, was at 2.74839%, a decrease of 2.602 basis points. In terms of longer-term rates, the six-month rate dropped by 1.44 basis points to 2.86923%, while the one-year rate decreased by 0.184 basis points to 2.98179%.
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